By: Forbes Real Time
April 22, 2013 at 07:22 AM EDT
KPMG's Inside Trader: What The Auditor, and Skechers, Don't Want To Talk About
Much has been written about Scott London, the KPMG partner in charge of the firm’s southern California audit practice, and his illegal and career-limiting-move of passing inside information to a jeweler buddy. KPMG may be sorry, at this point, for starting the ball rolling April 8 with its press release. Deloitte hid Vice Chairman Flanagan’s violations as long as possible and made few comments. Deloitte, and Flanagan, successfully stayed out of the national and world news except when something happened in court. Flanagan actually traded on the inside info he filched and I think that’s an even worse indictment of a partner and his audit firm, if one was possible, than what happened at KPMG.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here